Betting Bookies
Questions and Answers
On their pitch at Cheltenham, one bookmaker had written '£2000 liability'; can someone please explain this.
Also, are bookies openn to bets which the punter suggests? And how would such odds be calculated?
Thanks.
This particular bookmaker will only take bets that will take £2000 out of his satchel. For instance he would take a bet of £100 @ 20/1 but he would not stand a bet of £200 at 20/1.
Bookies in general set the odds to make their book. It is up to the punter to shop around to get the best odds.
P.
I would like to start betting sports.
If it's just for the Super Bowl, look for a friend who wants to bet the opposite side. If you want to continue to bet on sports, after the Super Bowl, I would look for an offshore sportsbook. I've been burned by local bookies, because they don't have enough financial backing. I crush them, then have to hound them for my cash. I haven't had to do that for years, now that I use reputable online sportsbooks. You will find independent reviews of the best sports betting sites at Http://www.Sportsbook-Ratings.net Good luck!
I do not understand them at all, but i was looking at the Big Brother bookies on favourites to win. And luke had 33/10.
What does this mean and is it good? X.
It means if u bet 10 dollars u get 33 back, and its decent.
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